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of the uc board of regents against proposed fees. >> cbs 5 reporter anne makovec at ucsf. all this and they don't have a fee hike on the table today. >> reporter: that's right. students say they are trying to be pro-active before the regents can start considering their next fee or tuition hike. all is calm here now at ucsf. an unlawful assembly was declared an hour and a half ago and protestors moved on peacefully saying they are headed to other universities next. dozens of uc students and employees came to protest outside the meeting at ucsf f this morning blocking streets but the regents weren't discussing a tuition hike. >> the good thing in my view about prop 30 is it allows us in the student and worker movement to now go on the offensive. we are not just protesting against new cuts. we are demanding rollbacks of tuition. >> reporter: prop 30 promises to funnel money into the uc system but how much is still a question. >> even though we're very pleased with the passage of prop 30 we're also reeling from nearly $1 billion in cuts from the state and we raised tuition. that o
>>> you're watching cbs5 eyewitness news in high definition. >>> i've got the pen, way to sign the bill right away. >>> nerves are rattled as americans keep a close eye on wall street and washington but president obama says we could avoid the fiscal cliff. i'm michelle griego. >> and the president addressed the nation, and quick action to keep all american taxes from going up on new year's day. >> cbs5 reporter cate cauguiran watched the address and is breaks it down. >> what does it really mean for everyone in california. >> reporter: there is a new report that shows the bay area's job market could grow faster than the state of california and the nation over the next two years, but our economic growth could go downhill with this looming fiscal cliff. >> right now, if congress fails to come to an agreement on an overall deficit reduction package by the end of the year, everybody's taxes will automatically go up on january 1 january 1st. everybody's. >> reporter: just hours ago the president warned lawmakers the deadline is approaching. economists say the fiscal cliff could thro
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